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PTI
July 7, 2020
Modi, who will connect remotely to the event pitched as one of the biggest international events on India's globalisation, is likely to lay out numerous investment and manufacturing opportunities that India has on offer


Ashish Pandey
July 7, 2020
While HDFC Bank has a m-cap of Rs 6.07 lakh crore, SBI with a m-cap of Rs 1.68 lakh crore lags far behind


Rupa Burman Roy
July 7, 2020
Global equities were trading mixed today, with European stocks and Asian indices trading marginally in red as investors await interest rate decision from Reserve Bank of Australia.


BusinessToday.In
July 7, 2020
India's improvement in the ranking has been attributed to its REIT framework, Goods and Services Tax, Insolvency and Bankruptcy Code, Benami Transaction Prohibition (Amendment) Act, and online processing of land records


Reuters
July 7, 2020
The announcement follows a $456 million investment in Johnson & Johnson's vaccine candidate in March, a $486 million award to Moderna Inc in April, and up to $1.2 billion in support in May for AstraZeneca's vaccine being developed with Oxford University


Reuters
July 7, 2020
The first quarterly payment of the tax is due on Tuesday, but in a letter on July 6 lobby group U.S.-India Strategic Partnership Forum (USISPF) urged the finance ministry to defer the tax or postpone the date for payment


Reuters
July 7, 2020
Sodexo's third-quarter sales fell a better-than-expected 29.9% to 3.9 billion euros versus an anticipated 33% fall, with its education and sports and leisure businesses the hardest hit


BusinessToday.In
July 7, 2020
Aurangabad-based companies have urged the Maharashtra government not to shut down industries. Bajaj Auto MD Rajiv Bajaj warned that the company will have to cut wages by 50% if the government imposes another lockdown


BusinessToday.In
July 7, 2020
The Central Drug Standard Control Organisation--the office of Drug Controller General of India--has granted permission to initiate Phase-1 and Phase-2  clinical trial of Covaxin. A total of 12 institutes have been selected to conduct clinical trials for Covaxin


BusinessToday.In
New Delhi, July 7, 2020
Reliance Industries Limited (RIL) on Monday became the first Indian company to cross Rs 12 lakh crore market capitalisation; India's first coronavirus vaccine candidate Covaxin will be tested on more than 1,100 people in two phases, the first one scheduled to begin next week; India's gross domestic product (GDP) growth is expected to contract 6 per cent in the financial year 2020-21 amid rising coronavirus cases, a brokerage said. Watch this and more news on News Blast.BT News Podcast: India's GDP may contract 6% in FY21, says Citi


Ajita Shashidhar
July 7, 2020
Micro influencers are cheap compared to celebrities and an attractive prospect for brands to reach target consumers


Joe C Mathew
July 7, 2020
The government added face masks and hand sanitisers in the list of essential commodities after widespread shortage was reported from across the country in March, when COVID-19 cases started to build up in the country


BusinessToday.In
July 7, 2020
The company has received commitments for a $525 million venture fund and $825 million growth fund, Sequoia India Managing Director Shailendra Singh said in a LinkedIn post on July 6


BusinessToday.In
July 7, 2020
Delhi has registered more than 1 lakh corona positive patients on Tuesday. Among 1,00,823 cases in the capital, 25,620 are active, 72,088 are cured and 3,115 are dead


Reuters
July 7, 2020
One of the sources said that multiple Indian government agencies, including the Indian consulates in China, have been communicating with investors and their representatives to seek clarifications on the proposals


BusinessToday.In
New Delhi, July 7, 2020
Five-star hotels are adopting new ways to revive revenue amid coronavirus pandemic. Some hotels have tied up with food delivery companies like Zomato and Swiggy and also started laundry services. Watch this video report from Jaipur.Coronavirus vaccine: Sinovac starts phase-3 trials for potential candidate in Brazil


BusinessToday.In
New Delhi, July 7, 2020
RIL becomes first Indian firm to cross Rs 12 lakh crore market capReliance Industries Limited (RIL) on Monday became the first Indian company to cross Rs 12 lakh crore market capitalisation. The aggregate market capitalisation of billionaire Mukesh Ambani-led RIL, thus, stands at Rs 12.16 lakh crore, or $163.1 billion, on account of surge in share value after the company bagged 12th foreign investment for its digital arm Jio Platforms on Friday.Coronavirus impact: India's GDP may contract 6...


BusinessToday.In
July 7, 2020
The US market has contributed 61.6 per cent to the Infosys' revenue as of the quarter ended March. Last year, it opened a technology centre at Phoenix, Arizona, to accelerate innovation for its American enterprises.


BusinessToday.In
July 7, 2020
Other metro cities also saw marginal rise prices; in Mumbai ,petrol costs 2 paise more at Rs 87.19 and diesel Rs 10 paise more at 79.05 per litre


BusinessToday.In
July 7, 2020
Stock Market LIVE Updates on July 7: Bajaj Finance, Bajaj Auto, Asian Paints, Infosys, Tata Motors were trading as the major gainers today, while ONGC, BPCL, PowerGrid, Zee Entertainment and Bharti Infratel were among the top losers


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